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Technology Stocks : Ciena (CIEN)
CIEN 182.87-3.5%Nov 4 4:00 PM EST
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To: gbh who wrote (3029)9/14/1998 9:30:00 AM
From: gbh  Read Replies (1) of 12623
 
It will obviously take some time for this company to work itself back into favor with the street. They will need a number of significant new wins to even come close to their former prominence. Right now this is a tarnished company.

Tax loss selling will soon kick in, too.

I hate selling at a bottom but with the bull looking like it might once again run, being in a stock like CIEN for the next year probably doesn't make a lot of sense.
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